Senior Asset Manager
This role can be based in our Oregon, Wisconsin; Phoenix, Arizona; or Denver, Colorado offices and offers a hybrid work schedule. You'll serve as a key representative of ownership, overseeing the financial performance, long-term strategy, and regulatory compliance of a nationwide affordable housing portfolio while partnering closely with executive leadership, investors, lenders, and internal teams.
What You'll Do- Lead the asset management strategy for a nationwide portfolio of affordable housing communities, ensuring long-term financial performance and ownership objectives are achieved.
- Evaluate property financial statements, operating trends, cash flow, NOI, debt coverage, and key performance metrics to identify risks and opportunities.
- Develop and maintain complex financial models, investment analyses, and portfolio forecasts to support strategic decision-making.
- Review and analyze development proformas, partnership agreements, loan documents, and operating agreements to understand deal structures, tax implications, and investor requirements.
- Lead refinancing, recapitalization, Year 15, investor exit, disposition, and acquisition strategies while coordinating transactions through closing.
- Partner with Development, Property Management, Accounting, Compliance, and Executive Leadership to maximize asset value throughout each property's lifecycle.
- Review annual operating budgets, capital improvement plans, reserve analyses, and long-term capital planning recommendations.
- Monitor compliance with LIHTC requirements, lender covenants, regulatory agreements, and investor reporting obligations.
- Prepare and present portfolio performance reports, financial analyses, and strategic recommendations to executive leadership, investors, lenders, and ownership partners.
- Build and maintain strong relationships with investors, lenders, syndicators, government agencies, and other external stakeholders through regular meetings and professional communication.
- Conduct property visits throughout the nationwide portfolio to evaluate operational performance, identify improvement opportunities, and collaborate with on-site teams.
- Stay informed on national affordable housing trends, financing opportunities, regulatory changes, and market conditions to proactively identify opportunities that strengthen the portfolio.
What You'll Bring- Bachelor's degree in Finance, Accounting, Real Estate, Business, or a related field required; advanced degree or professional designation is a plus.
- Seven or more years of progressive asset management experience with multifamily real estate, including significant experience within LIHTC and affordable housing portfolios.
- Experience working for or alongside a developer, owner, investor, syndicator, lender, or institutional real estate organization with a strong understanding of complex ownership structures.
- Strong understanding of LIHTC compliance, regulatory requirements, debt structures, tax credit partnerships, and affordable housing financing programs.
- Executive-level communication and relationship-building skills with the ability to confidently present recommendations and collaborate with investors, lenders, government agencies, and senior leadership.
- Highly analytical with the ability to interpret complex financial information, identify trends, mitigate risk, and develop strategic recommendations that maximize asset performance.
- Advanced proficiency in Microsoft Excel and financial analysis tools, with exceptional attention to detail and organizational skills.
- Ability to travel nationwide approximately 25%, including occasional overnight travel, and flexibility to work evenings or weekends when business needs require.
Compensation & Benefits- Competitive salary of $95,000-$160,000 annually, based on experience, qualifications, geographic location, and market conditions.
- Discretionary annual bonus opportunity based on individual and company performance.
- Comprehensive medical, dental, and vision insurance to support you and your family.
- Company-paid short-term disability, long-term disability, and life insurance.
- 401(k) with up to a 6% company match to help you build your future.
- Generous paid time off starting at 18 days per year plus 11½ paid holidays.
- Paid parental leave and Lifestyle Spending Accounts to support your well-being.
- Additional voluntary benefits including pet insurance and gym reimbursement.
If you're ready to help shape the long-term success of a nationally recognized affordable housing portfolio while working alongside industry experts, we'd love to hear from you. Apply today!
